In 2Q23, we witnessed the lowest rate of startup dealmaking in the history of our dataset (dating back to 2013). However, there is optimism on the horizon for founders in our 3Q23 State of VC & startups report, created in partnership with Ramp. Take a closer look at the report and the data that supports a sharp spike in investment activity, an uptick in valuations and markups, as well as unprecedented levels of investor interest in AI/ML startups, among other promising insights.